Charles G. Hennebeul's (amcashinc) Blog

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Mortgage and Lending - AMERICAN CASH SOLUTIONS INC
RECENT BLOG POSTS
Yes, it is possible to get a commercial buildig loan when your credit score is 599 to 500(subject to quick underwriting of said bank and no promise to make any loan is implied in any way in this blog or in any of our blogs).  If your credit score is 599 to 500 there is a 99% chance you have colle...
03/23/2008
So you want to buy a building and have never done so before.  Your Real Estate agent specializes in homes.  Your Accountant owns a building but got a loan against his wealthy trust(and you don't have one).  Your lawyer is a divorce attorney. What's an entrepeneur to do?Well here is a breakdown of...
03/22/2008
The purpose of this Cash Flow Projection is to be used in conjunction with an application for a business loan through American Cash Solutions Inc. .  It is intended for use by my business customers and their C.P.A.s and for those who want to buy a commercial property in the future. Property Adres...
03/21/2008
The purpose of this Cash Flow Projection is to be used in conjunction with an application for a business loan through American Cash Solutions Inc. .  It is intended for use by my business customers and their C.P.A.s and is not intended for any other purpose. If you own a MultiFamily Property and ...
03/21/2008
The purpose of this Cash Flow Projection is to be used in conjunction with an application for a business loan through American Cash Solutions Inc. .  It is intended for use by my business customers and their C.P.A.s and is not intended for any other purpose. 1)First Start With Cash On Hand (Begin...
03/21/2008
1)Perhaps the most gut wrenching coverage today I saw on the Credit Crisis is on cnbc where one of the reporters described a now x Bear Employee who had worked there for 17 years, was saving for college for his kids and now must start all over.2)Last night my friend told me a friend of his who ba...
03/17/2008
Revolving Lines Of Credit and Non-Revolving Credit Loans Against Inventory/Account Receivables For Working Capital-Asset Based LendingTis type of "loan" is NOT for buying commercial real estate.  This financing is for growing revenues*seasonal cash flow needs*debt restructuring*increasing invento...
03/14/2008
If you don't know your net worth then don't panic.  The bank may not ask for it depending on the type of loan.  Yet its a good idea to figure it out.   After all, a good owner of a business should be able to know if the assets exceed the liabilities, if the liabilities exceed the assets(negative ...
03/10/2008
Perhaps you want to add a second floor to your building or convert an apartment complex to condos?  Maybe you bought land and want to build a strip mall on this land.  Whatever you need to do the commercial lending industry has set guidelines to protect the money they invest in these projects by ...
03/09/2008
The current credit crisis is in my opinion not even 30% over.  We have not even experienced a correction of interest rates being at all time historical lows.  The full default on loans to retail businesses, consumer auto loans and home equity lines of credit has not yet fully materialized.  Small...
03/08/2008
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Charles G. Hennebeul

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